A proposal for a 35 percent wage hike over four years could end a costly strike, even as the aircraft maker hustles to sell planes and raise cash.
Boeing has made a new contract offer with a higher wage increase and other incentives in an attempt to end the strike. The union will vote Wednesday. The FAA announced a new review into Boeing's ...
A tentative deal has been reached to end the five-week-long strike at troubled aircraft maker Boeing, the union announced to ...
Analysts estimate that the strike has already cost Boeing more than $5 billion and its suppliers nearly $1 billion. After the ...
The wage increase and ratification bonus are higher than in the previous offer, which was rebuffed by workers. But the salary ...
The CEO of Boeing told employees late Friday that the company plans to cut 10% of its total staff “over the coming months.” ...
Boeing Co. took a step toward raising as much as $25 billion, funds that would give the troubled planemaker the financial resources to withstand a paralyzing strike and work its way through a ...
Boeing plans to ... 5's Doug Meehan is back to work after hospitalization: 'I just wanted to thank everybody' WCVB NewsCenter 5’s Doug Meehan hospitalized: ‘Life moves pretty fast’ ...
and Boeing withdrew its most recent offer to the union. The work stoppage was cited in a news release as a factor in layoffs, delaying and ending the production of several Boeing aircraft.
Those furloughs called for the affected employees to be off work one week ... financial conditions, Boeing had offered the IAM members raises of 25% over the four-year life of the proposed contract.
New CEO Kelly Ortberg said in a memo to staff that the job cuts over the coming months will include executives, managers and employees. Boeing plans to lay off about 10% of its workers in the ...